My IFA has asked me for my Rawcliffe law firm’s panel member for the Nationwide conveyancing panel. How do I find this out. I have e-mailed my local Rawcliffe office but they cant find it on their system.

You are best placed to get this information from your Rawcliffe conveyancer . Most Rawcliffe law practices will retain a file or database of lender panel information which would include, if applicable, their conveyancing panel details for each bank.

I purchased a freehold premises in Rawcliffe yet invoiced for rent, why is this and what is this?

It is rare for properties in Rawcliffe and has limited impact for conveyancing in Rawcliffe but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.

Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges date back many centuries, but the Rent Charge Act 1977 barred the creation of fresh rentcharges post 1977.

Old rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence post 2037 is to be dispensed with completely.

We're in Rawcliffe, First time buyers purchasing with a mortgage (lender is UBS , and our lawyer is on the UBS conveyancing panel). How long should the conveyancing process take?

The fact that your lawyer is on the UBS conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancing practitioner should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.

I have todaybeen informed that Action Conveyancing have been shut down. They conducted my conveyancing in Rawcliffe for a purchase of a leasehold flat 10 months ago. How can I establish that my home is in my name in the name of the previous owner?

The easiest method to see if the property is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Rawcliffe conveyancing specialists.

I am employed by a reputable estate agent office in Rawcliffe where we see a few flat sales put at risk as a result of short leases. I have been given inconsistent advice from local Rawcliffe conveyancing firms. Can you confirm whether the owner of a flat can instigate the lease extension formalities for the purchaser on completion of the sale?

As long as the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to commence the lease extension process and assign the benefit of the notice to the purchaser. This means that the proposed purchaser need not have to sit tight for 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed prior to, or simultaneously with completion of the sale.

Alternatively, it may be possible to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.

Leasehold Conveyancing in Rawcliffe - Sample of Questions you should consider Prior to buying

What is the name of the managing agents? Please inform me if there are any major works anticipated that could add a premium to the maintenance costs? How is the lease structured?